Greystone, New York, provided a $58.6 million Freddie Mac Workforce Preservation program loan to refinance a 427-unit multifamily property in Elk Grove Village, Ill.
Tag: Dealmaker
Dealmaker: JLL Arranges $136M Refinancing for Fairmont Orchid in Hawaii
JLL’s Hotels & Hospitality Group arranged a $136 million refinancing for the Fairmont Orchid, a 540-key resort on Hawaii’s Big Island.
Dealmaker: Dwight Mortgage Trust Closes Loans in California, Texas
Dwight Mortgage Trust, New York, successfully closed a $48 million construction loan for a mixed-use multifamily development in San Diego, and a $36 million bridge loan to refinance a waterfront apartment community in Corpus Christi, Texas.
Dealmaker: Merchants Capital Secures $32.9 Million for Affordable Housing Development in Minnesota
Merchants Capital, Carmel, Ind., announced $32.9 million in financing for the construction of an affordable and supportive multifamily housing development in St. Paul, Minn.
Dealmaker: Walker & Dunlop Secures $238M for New York Mixed-Use Community
Walker & Dunlop, Bethesda, Md., arranged $237.5 million in financing for a transit-oriented mixed-use community and a five-story condominium located within the Edge-on-Hudson development along the Hudson River in Sleepy Hollow, N.Y.
Dealmaker: BWE, Blueprint Healthcare Secure $18M for Pacific Northwest Memory Care Properties
BWE and Blueprint Healthcare Real Estate Advisors closed two loans totaling $17.8 million to provide financing for the acquisition of two memory care communities: a $10.4 million loan for Windsong at Southridge, a Class A, 56-unit community in Kennewick, Wash. and a $7.4 million loan for Windsong at Eola Hills, also a Class A, 56-unit community in Salem, Ore.
Dealmaker: Greystone Provides $120M in Financing for Chicago Multifamily Acquisition
Greystone, New York, provided $120 million in Fannie Mae Delegated Underwriting and Servicing financing for the acquisition of a high-rise in Chicago’s Fulton Market district.
Dealmaker: Berkadia Secures $32M for Salt Lake City Apartments
Berkadia, Ambler, Pa., secured a $31.5 million bridge loan for sponsor Midtown Capital to complete The Astoria, a 149-unit apartment community in Salt Lake City, Utah.
Dealmaker: Bayview PACE Provides $137M C-PACE Financing for Westin Resort
Bayview PACE, a division of Silver Hill Funding, LLC, provided $137 million in C-PACE funding for the development of the 502-key, $420 million Westin Cocoa Beach Resort & Spa in Cocoa Beach, Fla.
Dealmaker: Access Point Financial Participates in $75M Mezzanine Financing
Access Point Financial, Atlanta, participated in providing $75 million in mezzanine financing for the 30-story Pendry Hotel & Residences in Nashville, Tenn.